Taxes
Taxes Articles
With the backdoor Roth IRA strategy, you move nondeductible contributions from a traditional IRA to a Roth IRA and thereby benefit from potential tax-free growth and qualified tax-free withdrawals...
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A health savings account (HSA) allows you to save and invest money for future medical expenses while earning key tax benefits. But in order to make the most out of those tax breaks, you need to...
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It is no secret that some states have a much friendlier tax climate than others. Several states levy no income tax, for example, and manage to attract Americans who prefer to pay less in taxes (you...
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Taxation and accounting jokes are almost as numerous as lawyer jokes. No doubt, the reason is partly because of the stress-induced tax season and a process many Americans complain is painful and...
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Preparing your annual tax return can feel like untangling a nest of angry hornets. Adding, then subtracting, number upon number buzzing around in your head, each deduction a potential sting, until...
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The tax filing deadline for most individuals including employees, contractors and self-employed workers is April 15, 2024. If you need more time to file your taxes, you can apply for a tax-filing...
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The 2023 tax filing deadline is April 15, 2024 for most taxpayers. So if you haven’t submitted your tax return yet, you may need to file for an extension with the IRS.And there are a few ways you...
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It’s safe to say that life has been increasingly difficult for middle- and low-income Americans for the past few years. Inflation combined with rising costs of living, high interest rates, higher...
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For much of the last 100 years, California has been one of the fastest growing states in the country. Since overtaking New York as the most populous state in 1964, California has doubled its...
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California and Hawaii are among the most desired domestic tourist spots in the United States, but not necessarily the most desirable destinations for retirees relying on Social Security to maintain...
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New York is losing residents at a faster pace than nearly every other state in the country. According to the latest numbers from the U.S. Census Bureau, more than 571,000 Americans – about 3%...
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Since the financial safety net Social Security became law in 1935, Americans have used its benefits as a basis for helping to plan for their retirement. But income from the program doesn’t go very...
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The concept of bankruptcy – seeking legal relief for one’s debts, whether personal or in business – dates back at least to the 1500s if not earlier. The term comes from the Italian...
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